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Ascendas-Singbridge, GIC acquire land in India to develop IT park

GIC.JPG
This acquisition, at an undisclosed sum, marks the second investment under the Ascendas India Growth Programme (AIGP), in which GIC is a principal investor along with Ascendas-Singbridge.

Singapore

ASCENDAS-SINGBRIDGE Group and Singapore's sovereign wealth fund GIC announced the acquisition of a 16-acre (6.5-hectare) land parcel in Pune, a sprawling city in the western Indian state of Maharashtra.

This acquisition, at an undisclosed sum, marks the second investment

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